According to the article in the NJBIZ, The Newark CEDC (Newark Community Economic Development Corporation) had announced a new chief officer in the year 2015.
The Newark Community Economic Development Corporation stated in a news release that Kevin Seawright, who is an accounting, as well as a project management veteran, had joined the economic development organization of the city as the CFO and executive vice president.
The organization added that Seawright had been using his experience in diverse capital management, operations, and accounting to improve the communities of the East Coast for over 13 years.
The resume of Seawright is highlighted by the period he worked for the Baltimore city, including serving in the education sector as a deputy chief operating officer for six years, and in finance and payroll roles in other fields.
Newark CEDC benefits include development loan funds for real estate for large-scale projects, facade improvement grants, services for business counseling for small business owners, entrepreneurs, discount advertising at the local movie theaters, as well as tax credits plus State level exemptions.
About the Newark CEDC
Founded in the year 2007 and then reorganized and renamed in the year2014, the Newark CEDC, formerly called the BCDC (Brick City Development Corporation), is the Newark’s primary economic development catalyst.
It focuses on retaining, attracting, as well as growing businesses, enhancing small plus minority business capacity, as well as spurring the development of real estate throughout the 20 diverse neighborhoods of the city.
As a company for business development whose sole customer is the Newark city, Newark CEDC cooperates with the Department of Economic and Housing Development of Newark to initiate as well as execute the activities of economic development to produce plus sustain economic growth, create jobs as well as generate wealth for the Newark citizens.
About Kevin Seawright
Seawright is a respected specialist in accounting and project management based in Newark, NJ. Before relocating to NJ, Seawright worked in the sectors of education, local government, as well as real estate development in Washington, DC., MD, and Baltimore Involved in his community, Seawright was acting as the Babe Ruth Museum advisory board member as well as a local youth sports teams coach. He has been an active member of the NABA, Inc, the NFBPA, as well as the ASPA.
According to Crunchbase, as the Baltimore’s Commission on Aging Managing Fiscal Officer, Kevin Seawright designed as well as implemented a new system of accounting that saved the agency over 100,000 dollars in funds.
He was then assigned the Baltimore City’s Housing Authority payroll director before becoming the Homeless Services finance director within the Housing and Community Development department. Seawright then served the Recreation and Parks Department as a chief financial plus a facilities officer.
Read more: Newark economic development group names CFO